Breaking

Anthropic Files for IPO, Reporting $16.3 Billion in First-Half Revenue

October 26, 2026 at 10:40 EDT

Funding & M&A
Sales & Business

Anthropic has filed a public registration statement for a proposed IPO, disclosing $16.29 billion in revenue and an $80.75 billion net loss for the first half of 2026. The filing sets up a potential Nasdaq listing under the ticker ANT, while leaving the offering’s size and price undecided.

October 2026 · Anthropic

IPO filing puts growth and losses in focus

Anthropic reported $16.29 billion in first-half revenue and an $80.75 billion net loss. Most of the loss came from a non-cash accounting charge.

Revenue climbed more than thirteenfold

First six months of each year, in billions of dollars

$1.2B

H1 2025

$16.29B

H1 2026

The chart uses a shared linear scale; the 2026 revenue figure was about 13.5 times the year-earlier level.

Reported net loss

$80.75B

$72.4B was an accounting charge tied to convertible notes.

Operating cash flow

+$3.9B

Positive for the first half of 2026, compared with negative $1.5B in the same period of 2025.

IPO scrutiny centers on trade-offs

Cloud marketplaces accounted for 47% of 2025 revenue. A proposed Class F share would give the founders’ vehicle 50.1% of voting power on specified shareholder matters.

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